Son Liable for Mom’s $93,000 Nursing Home Bill Under ‘Filial Responsibility’ Law There are 29 states that currently have laws making adult children responsible for their parents’ care costs if their parents are unable to pay for their own care. These “filial responsibility” laws have rarely been […]
Read more →Archive for the Medicaid Category
The Average Age Of Reverse Mortgage Borrowers is Decreasing. The average age of reverse mortgage borrowers is dropping, according to a recent report issued by MetLife. As many are aware, reverse mortgages come with risks, and likely more so for younger borrowers. Reverse mortgages allow homeowners who […]
Read more →Below, I have set out some key Elder Law, Estate Tax and Medicaid figures for 2012. Please review these numbers for the coming year. They will play an important role in estate planning and nursing home planning during 2012 and beyond. Medicaid Spousal Impoverishment Figures for 2012: […]
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